Playtech (PTEC) Stock Rating Reaffirmed by Morgan Stanley
Several other research analysts have also commented on PTEC. Investec cut their price target on Playtech from GBX 1,120 ($15.19) to GBX 1,030 ($13.97) and set a buy rating on the stock in a research report on Friday, November 3rd. Canaccord Genuity Group cut their price target on Playtech from GBX 1,140 ($15.46) to GBX 1,090 ($14.78) and set a buy rating on the stock in a research report on Thursday, November 2nd. Liberum Capital reaffirmed a buy rating and set a GBX 1,020 ($13.83) price target on shares of Playtech in a research report on Monday, October 2nd. Credit Suisse Group reissued an outperform rating and issued a GBX 1,200 ($16.27) target price on shares of Playtech in a report on Thursday, September 28th. Finally, dropped their target price on Playtech from GBX 1,180 ($16.00) to GBX 1,000 ($13.56) and set a buy rating on the stock in a report on Monday, November 13th. Fourteen investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and an average target price of GBX 1,037.14 ($14.06).
Playtech (LON:PTEC) opened at GBX 828 ($11.23) on Monday. The company has a market capitalization of $2,750.00 and a P/E ratio of 1,427.59. Playtech has a 12-month low of GBX 712.08 ($9.66) and a 12-month high of GBX 1,020 ($13.83).
WARNING: “Playtech (PTEC) Stock Rating Reaffirmed by Morgan Stanley” was first reported by Watch List News and is the property of of Watch List News. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://www.watchlistnews.com/playtech-ptec-stock-rating-reaffirmed-by-morgan-stanley/1802239.html.
Playtech Company Profile
Playtech plc supplies online gaming software. The Company and its subsidiaries develop software platforms for the online and land-based gambling industry. Its gaming applications include online casino, poker and other pay to play games, bingo, mobile, live gaming, land-based terminal and fixed-odds games.
Receive News & Ratings for Playtech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Playtech and related companies with Analyst Ratings Network's FREE daily email newsletter.